financial accounting
Finance

Difference between Financial Accounting, Cost Accounting and Management Accounting

Financial Accounting Cost Accounting Management Accounting Meaning Preparation of financial statements of an organization to provide the financial information to the interested parties.  Keeps track

financial accounting
Finance

What is Financial Accounting?

Financial accounting is the science and art of systematically recording, classifying and summarizing business transactions of financial character and finally interpreting the results for determining

financial accounting
Finance

What is Cost Accounting? What are the objectives of Cost Accounting?

Cost Accounting is a branch of accounting information system, which records, measures and reports information about costs. The primary purpose is cost ascertainment and its use

working capital
Finance

What are the Determinants of Working Capital?

Working Capital management involves the relationship between a firm’s short term assets and its short term liabilities. The determinants of working capital are: Nature of

financial restructuring
Business Finance

What is Financial Restructuring?

Financial Restructuring is a form of corporate restructuring. The process of reshuffling or reorganizing the financial structure or capital structure with the goal of improved